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Bendigo and Adelaide Bank Reports Lapse of 38,606 Performance Rights

Story Highlights
  • Bendigo and Adelaide Bank confirmed 38,606 performance rights lapsed after conditions were not met.
  • The lapse modestly adjusts the bank’s capital structure, reducing potential future shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bendigo and Adelaide Bank Reports Lapse of 38,606 Performance Rights

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The latest update is out from Bendigo & Adelaide Bank ( (AU:BEN) ).

Bendigo and Adelaide Bank has notified the market that 38,606 performance rights (ASX code BENAAA) have lapsed as of 31 December 2025 because the conditions attached to those rights were not, or could no longer be, satisfied. The cessation of these securities reflects an adjustment to the bank’s issued capital structure, signalling that certain performance hurdles tied to executive or employee incentives were not met, which may modestly reduce potential future equity dilution for existing shareholders but does not alter the company’s ordinary share capital.

The most recent analyst rating on (AU:BEN) stock is a Buy with a A$11.32 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo and Adelaide Bank Limited is an Australian financial services institution listed on the ASX under the code BEN, operating primarily as a retail and business bank offering a range of banking and financial products to customers across Australia.

Average Trading Volume: 1,469,590

Technical Sentiment Signal: Hold

Current Market Cap: A$6.03B

Find detailed analytics on BEN stock on TipRanks’ Stock Analysis page.

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